Liberty University BUSI320 Corporate Finance

 

Week 1 (Textbook Assignment 1) Financial Statement Analysis (Chp 3) Version C 

Ratio Analysis Use the following information to complete the balance sheet below.  Hint: use 365 day calendar.

Current ratio = 5
Current liabilities = 5 million
Credit sales = 25 million
Average collection period = 30
Inventory turns = 8
Total asset turns = .75
Debt ratio = 45% 

Cash

 

Current Liabilities

 

Accounts Receivable

 

Long-term Debt

 

Inventory

 

Total Debt

 

Current Assets

 

Stockholders’ Equity

 

Fixed Assets

 

 

 

 

 

 

 

Total Assets

 

Total Liabilities& Equity

 

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